header

Problems on Profit Loss

Q21. A company offers three types of successive discounts. 1st 20% and 10% ; 2nd 15% and 15%, 3rd 25 % and 5%. Which offer is better for a customer ?
(a) 1st
(b) 2nd
(c) 3rd
(d) All are equal

Q22. A discount series of P% and Q% on an invoice is the same as a single discount of

(a) (p - q + pq )%
100
(b) {(p + q) - pq }%
100
(c) [100 - (p + q + pq )]%
100
(d) [100 - (p - q + pq )]%
100

Q23. A retailer allows a trade discount of 10% on the cost. By how much above the cost should the product be labelled for sale to gain 18%.
(a) 31%
(b) 31(1/9)%
(c) 35%
(d) 35(1/3)%

Q24. A shopkeeper gives two sucessive discounts on an article marked Rs. 600. The first discount given is 10%. If the customer pays Rs. 459 for the article, the second discount given is
(a) 10%
(b) 12%
(c) 13%
(d) 15%

Q25. A shopkeeper sold an air-conditioner for Rs. 25938 with a discount of 10% and earned a profit of 4%. What would have been the percentage of profit earned if no discount were offered.
(a) 13.21%
(b) 15.55%
(c) 17.20%
(d) 22.85%



Q26. A trader marks his goods at such a price that he can deduct 10% for cash and yet make 20% profit. The marked price of an item which cost him Rs. 90.
(a) Rs. 120
(b) Rs. 130
(c) Rs. 135
(d) Rs. 145

Q27. A dealer buys an article marked at Rs. 24000 with 20% and 5% off. He spends Rs. 1000 on its repairs and sells it for Rs. 24000. What is his gain or loss percent ?
(a) 18.15 %
(b) 22.31 %
(c) 24.74 %
(d) 29.25 %

Q28. An article is listed at Rs. 800 and two successive discounts of 8% and 8% are given on it. How much would the seller gain or loss, if he gives a single discount of 16% instead of two dicounts ?
(a) Rs. 5.12
(b) Rs. 6.50
(c) Rs. 11.25
(d) Rs. 15

Q29. A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%. The marked price is increased above the cost price by
(a) 29%
(b) 37%
(c) 42%
(d) 50%

Q30. A trader wishes to gain 20% after allowing 10% discount on the marked price to his customers. At what percent higher than the cost price must he mark his goods ?
(a) 19(1/3)%
(b) 26(1/4)%
(c) 27(1/4)%
(d) 33(1/3)%


1 2 3 4 5 6 7





Enter Email Address for Newsletter


    Share on facebook    Share on twitter    Share on google +